Multifamily has been among the hottest asset classes through the post-financial crisis recovery. So naturally, the question on investors’ minds today is whether the multifamily cycle has peaked.

Our short answer is “no.” As our 2016 Multifamily Spotlight Report explores, the longer answer is that future improvements in multifamily fundamentals and pricing are likely to slow to more normal levels, but we do see demand for apartments in the U.S. remaining strong. While supply has risen from cyclical lows, we expect capital market forces will keep vacancy rates from rising significantly.

Key takeaways from the report

To learn more, download the full 2016 Multifamily Spotlight Report.